This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

CBSC, Continuity Control, And Young & Associates Partner To Modernize Regulatory Compliance For Illinois Community Banks

SPRINGFIELD, Ill., Feb. 5, 2013 /PRNewswire/ -- Community BancService Corporation, Inc. (CBSC), a subsidiary of the Community Bankers Association of Illinois (CBAI), today announced its partnership with and "preferred provider" endorsement of Continuity Control, the only complete compliance platform for community banking. Together with CBAI's long-term partner Young & Associates, Inc., a compliance consultant to community financial institutions, the three organizations have created a reference model for community banks, fundamentally changing the economics of compliance.


"Community banks have been challenged by burdensome regulations for years, and the compliance requirements have markedly increased as a result of the financial crisis that has plagued our profession since 2008. This new partnership, along with the Community Bankers for Compliance (CBC) and CBC Plus programs will give community banks a complete and efficient way to deal with the rigors of regulatory compliance. This multifaceted approach will provide tremendous compliance support for community banks for many years to come," said Bob Wingert, CBAI President.

Mike Kelley, CBSC President, noted, "Continuity Control has created a new compliance system that addresses today's volatile regulatory environment. It's not just a Dodd Frank solution, but a program designed to sustainably weather the compliance burden today and into the future. Community bankers can insulate themselves from the cost of regulatory change and thrive by adopting this new regulatory compliance standard."

Young & Associates, Inc., a CBAI education partner for 28 years, provides a highly efficient and cost-effective way to help community banks perform audits through its alliance with Continuity Control.  In addition to the tremendous amount of time saved by bank staff, Young will be able to perform many client audits remotely, instead of physical visits, thereby saving time and travel expenses, with the savings being passed along to client banks.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.99 0.00%
FB $102.01 0.00%
GOOG $682.40 0.00%
TSLA $151.04 0.00%
YHOO $27.04 0.00%


Chart of I:DJI
DOW 15,973.84 +313.66 2.00%
S&P 500 1,864.78 +35.70 1.95%
NASDAQ 4,337.5120 +70.6750 1.66%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs